How to Measure Industry 4.0 Maturity and Readiness

by Ryan Martin | 3Q 2019 | IN-5525
It’s no secret that the industrial and manufacturing industry is in the midst of a sea change. Industrial giants PTC and Siemens have spent well over US$1 billion on Industrial Internet of Things (IIoT)-related acquisitions; additive manufacturing funding has started to pop, with Carbon and Desktop Metal alone raising a total of more than US$1 billion; and distributed manufacturing has gotten smarter, with companies like 3D Hubs now able to automate 93% of digital workorders as discussed in the ABI Insight Cloud-Based Contract Manufacturing Gets New Money (IN-5438). While there is an incubation period following most of these developments (e.g,, PTC will not integrate the assets of its Frustam acquisition into its Creo product line until 1Q2 020, Carbon and Desktop Metal need time to hire staff and activate strategy), they represent meaningful advances to infrastructure—connectivity, application enablement, device management, PLM, etc.—that have been building over a number of years and are ready to come to fruition.

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